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than half of them eighty six of the main been cleared at least for three years and some during the bush administration cleared as innocent people and they're still there and they're frustrated i mean i don't care if you're held in the dorchester hotel in london are the best hotel the ritz carlton in moscow and you're confined to that room for eleven years and you can't see your family you can't go out and talk to people you can't read freely you can't get about i don't care that's a lousy condition even if you're fed the best food every day and believe me they're not i mean they are imprisoned improperly without a chance to get out that's the worst condition so i thought tony's the only ones as sounding an alarm over the hunger strike sit in one of the world's most controversial prison g.'s mary now but my reports on the like all special reaction to the protests. as the guantanamo hunger strike enters its forty second day there's been very little response and no outcry from international organizations the united nations for example has yet to comment or a good knowledge of the get mo hu
than half of them eighty six of the main been cleared at least for three years and some during the bush administration cleared as innocent people and they're still there and they're frustrated i mean i don't care if you're held in the dorchester hotel in london are the best hotel the ritz carlton in moscow and you're confined to that room for eleven years and you can't see your family you can't go out and talk to people you can't read freely you can't get about i don't care that's a lousy...
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bush was to be credited for taking out saddam hussein along with the u.s. military who were there obviously. is there an issue in looking back and seeing the good in iraq talking about it? >> the good is unmistakable. saddam regime, dynasty with this was the cruelest on the planet. sadistic government. it was the most aggressive. starting wars on all fronts. it's gone. iraq now is not a left. not exactly democratic. but it's not the hell that saddam iraq was. that is undeniable. the problem for americans the sacrifice was huge. and tragic. and strategic advantage which we hoped to gain to have ally in iraq was squandered at the end of the surge. >> bret: i spent 12 trips to iraq over time covering the pentagon and white house. a lot changed over that period of time. jason, let's talk about the other hot spot, now syria. what is being said? there is not cop firmation that the chemical weapons were used in syria. this is what the president said about the use of chemical weapons if they happened in syria. >> red line for us is we start seeing whole bunch of ch
bush was to be credited for taking out saddam hussein along with the u.s. military who were there obviously. is there an issue in looking back and seeing the good in iraq talking about it? >> the good is unmistakable. saddam regime, dynasty with this was the cruelest on the planet. sadistic government. it was the most aggressive. starting wars on all fronts. it's gone. iraq now is not a left. not exactly democratic. but it's not the hell that saddam iraq was. that is undeniable. the...
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more than half of them eighty six of the main been cleared at least for three years in some during the bush administration cleared as innocent people and they're still there and they're frustrated i mean i don't care if you're held in the dorchester hotel in london are the best hotel the ritz carlton in moscow and you're confined to that room for eleven years and you can't see your family you can't go out and talk to people you can't read freely you can't get about i don't care that tell how's the condition even if you're fed the best food every day and believe me they're not i mean they are imprisoned improperly without a chance to get out that's the worst condition. and we've got much more on the ongoing guantanamo hunger strike on our web site you can head that what movie with a former guard at the notorious gives a first hand account of the violence shown towards detainee and we've analysis of other possible reasons behind the mass protests. hundreds of thousands of people have crammed into some peter's square for the inauguration of pope francis these are live pictures from the vatican
more than half of them eighty six of the main been cleared at least for three years in some during the bush administration cleared as innocent people and they're still there and they're frustrated i mean i don't care if you're held in the dorchester hotel in london are the best hotel the ritz carlton in moscow and you're confined to that room for eleven years and you can't see your family you can't go out and talk to people you can't read freely you can't get about i don't care that tell how's...
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yet president obama just had acknowledged january 1 he saved 85% of the bush tax cuts permanent. 85% and what that means is even by obama's definition 85% of the tax cut went to middle income americans. as a result he made them permanent. it was a tremendous concession and they had to admit for 12 years they were lying about the bush tax cuts but we will take it. 85% of progress is progress and now what we have is the tax rate and the tax system and the federal government comes into being temporary, we opt every two in five years. years. it's not permit so president obama and the democrats want to raise taxes on many americans. they have to look them in the eye and passed them through the democratic senate. the republican house would have to agree. the republican house is not going to allow them to raise taxes on american people and that is how you force a conversation about reform. the reason why there is been no reform during the obama years and no entitlement reform or welfare reform is that they raise taxes and spend more money when you stop them from having the ability to raise
yet president obama just had acknowledged january 1 he saved 85% of the bush tax cuts permanent. 85% and what that means is even by obama's definition 85% of the tax cut went to middle income americans. as a result he made them permanent. it was a tremendous concession and they had to admit for 12 years they were lying about the bush tax cuts but we will take it. 85% of progress is progress and now what we have is the tax rate and the tax system and the federal government comes into being...
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if you listen to jeb bush and reince priebus talk, i got the sense they were giving belated rebuttals to the 47% will never vote for us argument. >> they called this an autopsy on the republican party. on whom do you do an autopsy? something that is dead. i think that reince priebus, jeb bush and other establishment republicans feel that the party has gone seriously astray. in an america that is increasingly diverse and younger, it's chartered an appeal that will not be able to win a national election unless they change course. >> ifill: how unusual was it for you to read something 100 pages worth of that much... i think i called it unsparing criticism. >> very forthright and forth come to go the party's problems. susan i were talking about this. we have seen parties go through this angst over the decades. you get the sense that there are many people in the republican party that believe this is an unusually difficult period that they face. the future is rather bleak unless they make some dramatic changes. >> ifill: are they talking message or policy? >> a lot of this talked about mess
if you listen to jeb bush and reince priebus talk, i got the sense they were giving belated rebuttals to the 47% will never vote for us argument. >> they called this an autopsy on the republican party. on whom do you do an autopsy? something that is dead. i think that reince priebus, jeb bush and other establishment republicans feel that the party has gone seriously astray. in an america that is increasingly diverse and younger, it's chartered an appeal that will not be able to win a...
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bush. he made the bad decision to go in, but he stayed there on the ground. and he was aided fantastically by his general on the ground, general petraeus. whatever happened later in general petraeus' career doesn't change that. and you can count the tens of thousands of iraqis alive today because the country didn't keep zooming off towards civil war the way it was heading when petraeus came in. >> you know, richard engel a couple of years ago, i asked him what was going on in iraq and asked him what they thought about george w. bush. and he said not much. not much. but they would put statues of david petraeus up on every square if they had a chance. >> well, richard haas, we have this from daniel dunby. who writes in part, turkey is the economic winner of the iraq war. the americans won the war, the iranians won the peace and the turks won the contracts. with iraq's kurdish region seeking to reduce the dependence on baghdad, the relationship with turkey may soon move to another level. tensi
bush. he made the bad decision to go in, but he stayed there on the ground. and he was aided fantastically by his general on the ground, general petraeus. whatever happened later in general petraeus' career doesn't change that. and you can count the tens of thousands of iraqis alive today because the country didn't keep zooming off towards civil war the way it was heading when petraeus came in. >> you know, richard engel a couple of years ago, i asked him what was going on in iraq and...
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it has a forward by former first lady, laura bush. >> we must talk a little about st. petersburg and her incredible journey back to meet her husband. can you tell was important about that story? >> in st. petersburg, and the years were difficult areas it is cold, it is forbidding. there are not a lot of other women there. most of the diplomatic biased to not travel with her husband when they get sent there. i have a baby girl, louisa catherine adams, and the child dies after about a year. that really devastates her mother. it is very painful. john quincy is also very much torn apart by the death. the war of 1812 has broken out here. he is sent to negotiated treaty and leaves louisa with her youngest son, charles francis, in st. petersburg. when peace is resolved and he is sure he will be returning home or sent to london, he asks her to join him. she makes this arduous journey from st. petersburg in the winter to paris with a son who is only seven of the time. and a couple of servings that she only met that day. she does not know she can trust them. as she is crossing e
it has a forward by former first lady, laura bush. >> we must talk a little about st. petersburg and her incredible journey back to meet her husband. can you tell was important about that story? >> in st. petersburg, and the years were difficult areas it is cold, it is forbidding. there are not a lot of other women there. most of the diplomatic biased to not travel with her husband when they get sent there. i have a baby girl, louisa catherine adams, and the child dies after about a...
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bush to proclaim "mission accomplished," but the post proved premature. violence and terror followed as a rat descended into fighting. the tolls are down from the height of the conflict, but since u.s. troops left in 2011, the turmoil has been worsening again. iraq's minority sunnis feel increasingly marginalized by the shiite-led government. the government postponed regional elections in two provinces on tuesday, pointing to security concerns. >> let's take a quick look at some other stories making news at this hour. power has now been restored to two fuel storage pools at japan's tsunami damaged nuclear plant, but two others have been without fresh cooling water for more than a day, raising new concerns about safety. >> zimbabwe's electoral commission says referendum on a new constitution has passed by a landslide with a yes vote of about 95%. the new charter would limit the powers of president robert mugabe and pave the way for new elections. >> at least 37 people have been killed in about -- and about a dozen injured in a bus crash in western india. t
bush to proclaim "mission accomplished," but the post proved premature. violence and terror followed as a rat descended into fighting. the tolls are down from the height of the conflict, but since u.s. troops left in 2011, the turmoil has been worsening again. iraq's minority sunnis feel increasingly marginalized by the shiite-led government. the government postponed regional elections in two provinces on tuesday, pointing to security concerns. >> let's take a quick look at some...
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half of them eighty six of them may have been cleared at least for three years and some during the bush administration cleared as innocent people and they're still there and they're frustrated i mean i don't care if you're held in the dorchester hotel in london are the best hotel the ritz carlton in moscow and you're confined to that room for eleven years and you can't see your family you can't go out and talk to people you can't read freely you can't get about i don't care that tells how's the condition even if you're fed the best food every day and believe me they're not i mean they are imprisoned improperly without a chance to get out that's the worst condition. israel's political deadlock is seemingly is the new coalition finally gets to work but as we report like this there are more battles for prime minister netanyahu to find. wealthy british style. time to. find. markets why not come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in two kinds of reports. when their own country can't
half of them eighty six of them may have been cleared at least for three years and some during the bush administration cleared as innocent people and they're still there and they're frustrated i mean i don't care if you're held in the dorchester hotel in london are the best hotel the ritz carlton in moscow and you're confined to that room for eleven years and you can't see your family you can't go out and talk to people you can't read freely you can't get about i don't care that tells how's the...
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the past, republican ryan's budget offers trickle-down agenda, the same agenda tried during george bush's presidency, which resulted in the widthering of the middle class and the total collapse of the economy. this budget shares in the same failed policies of the past and in a nut shell, it is unrealistic, unreasonable and unfair. first, mr. speaker, while the ryan budget is clear on its harmful proposed cuts to children, education and health care services for seniors, the budget blueprint is particularly light on details and heavy on tax breaks to wealthy americans who do not need the help. second, but of no less importance, the ryan proposal fails to repeal and replace the sequester, therefore doing nothing to prevent the loss of over 700,000 jobs the sequester will cost. by not stopping the sequester and through other budgetary tricks, the ryan budget will cost even deeper cuts to all of our nation's essential services, arranging from the deep cuts for services to women, to head start, and health care research, to homeland security. this lack of foresight will also result in some $800
the past, republican ryan's budget offers trickle-down agenda, the same agenda tried during george bush's presidency, which resulted in the widthering of the middle class and the total collapse of the economy. this budget shares in the same failed policies of the past and in a nut shell, it is unrealistic, unreasonable and unfair. first, mr. speaker, while the ryan budget is clear on its harmful proposed cuts to children, education and health care services for seniors, the budget blueprint is...
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bush announced to the nation the war in iraq had begun. >> my fellow citizens, at this hour american and coalition forces are in the early stages of military operations. to disarm iraq. to free its people and to defend the world from grave danger. >> shepard: a war that lasted more than 8 years, killed almost 4500 u.s. troops. wounded more than 30,000 others. and officials estimate more than 100,000 iraqis are dead. rick leventhal rode along with the u.s. marines who led the ground invasion. he is live in our new york newsroom in new york. >> 10 years ago tonight the marines we were with had already opened fire at the guard post. we had incoming mortars scream over our heads and watch over a berm as the aerial assault began on the hill. [explosions] >> coalition jets and cobra helicopters destroyed observation and communications assets, helping clear the way for troops to cross the border and invade iraq. sergeant bill gawney a gunner battalion the guy pulling the trigger on the big bush master chain gun on our big armored vehicle. one night we pulled into a ambush and he put his tra
bush announced to the nation the war in iraq had begun. >> my fellow citizens, at this hour american and coalition forces are in the early stages of military operations. to disarm iraq. to free its people and to defend the world from grave danger. >> shepard: a war that lasted more than 8 years, killed almost 4500 u.s. troops. wounded more than 30,000 others. and officials estimate more than 100,000 iraqis are dead. rick leventhal rode along with the u.s. marines who led the ground...
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iic favorite bush, and the sister of late night steven colbert. >> this is not a joke? >> this is not a joke. i don't think anybody thinks this is a joke. >> reporter: and because mark sanford is not expected to pick up 50% of the vote, he will have to compete in a runoff with one of the gop rivals. the former governor of south carolina. not out of the woods yet. >> interesting to see the huge field and hear the pause we saw from mark sanford. that surprised me a bit when he was asked, why should a voter in vest in you again? >> the most obvious question. you would think he would be completely prepared from it. it was such a long pause, what else is he not prepared for? you would think that's the question everybody would be waiting to ask. very odd. >> we teach with god there, is always a comeback, no one is beyond's god's mercy and forgiveness. the motto from the code of arms that pope francis said. having had mercy, he called him which referred to the calling of matthew, the tax collector, the sinner. this is an extension if i can relate it to the papacy of bringing i
iic favorite bush, and the sister of late night steven colbert. >> this is not a joke? >> this is not a joke. i don't think anybody thinks this is a joke. >> reporter: and because mark sanford is not expected to pick up 50% of the vote, he will have to compete in a runoff with one of the gop rivals. the former governor of south carolina. not out of the woods yet. >> interesting to see the huge field and hear the pause we saw from mark sanford. that surprised me a bit...
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bush launched a war of choice in iraq. dragging our country into a costly, bitter conflict based on falsehoods and hyperbole. it took president obama fulfilling his campaign promise to end the iraq war and we are grateful that he brought the war to an end. but we must not forget how we got into the war in the first place. so that these mistakes are not repeated. we were told there were weapons of mass destruction. we were warned about mushroom clouds. now i offered an amendment at the time that would have taken us down a different path. it would have required the united states to work through the united nations inspectors and maximizing diplomacy to determine whether or not iraq was developing weapons of mass destruction. unfortunately my amendment failed by a vote of 72-355. what happened from there we all know the tragic consequences. president bush dragged this country into an unnecessary war. no weapons of mass destruction were ever found. the cost of the iraq war soared far beyond what was projected. we lost 4,400 ame
bush launched a war of choice in iraq. dragging our country into a costly, bitter conflict based on falsehoods and hyperbole. it took president obama fulfilling his campaign promise to end the iraq war and we are grateful that he brought the war to an end. but we must not forget how we got into the war in the first place. so that these mistakes are not repeated. we were told there were weapons of mass destruction. we were warned about mushroom clouds. now i offered an amendment at the time that...
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wasn't under president reagan or the first president bush or the second president bush, but 1998, 1999, 2000 and 2001. under president clinton and then president bush came in and did a big tax cut in 2001. put us out of balance for a long period of time. and during the period of time when the budget was imbalance the last four times out of 40 years, the revenue was coming in, was higher than it is in any year in the republican budget that's before us now. and what that tells you is that their budget approach is trying o seek balance on the backs of everybody else. by really cutting into those important investments that have helped power our company, by violating important commitments to seniors. and in the end, by raising taxes on middle-income people. why else would they not have joined democrats in sending policy statement to the ways and means committee that says when you go about eliminating tax preferences, don't hit middle-income taxpayers in the process. in fact, mr. chairman, if you look at the mortgage interest deduction, for example, mortgage interest deduction really helps m
wasn't under president reagan or the first president bush or the second president bush, but 1998, 1999, 2000 and 2001. under president clinton and then president bush came in and did a big tax cut in 2001. put us out of balance for a long period of time. and during the period of time when the budget was imbalance the last four times out of 40 years, the revenue was coming in, was higher than it is in any year in the republican budget that's before us now. and what that tells you is that their...
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>> well, you are setting up the bush administration's case for war in iraq. and the united states went to war in iraq. congress supported the president's policy on going to war, and the media supported it what this all adds up to, however, since it didn't work out that way, was that somebody got it drastically wrong. american intelligence got it wrong, the brits got it wrong, the israelis got it wrong, everybody did which means somebody in our society -- and it ends up being the media -- has to stand up and say let's think about this a little bit rather than rush into a war. we are now at a point, jon, where an american president can determine when the united states goes to war, whether the congress approves of it or not. we don't deal with deck la rightses -- declarations of war any longer. and so at this particular point, who other than the media ought to stand up and say, wait a minute, let's think about this? >> let me make a quick point -- jon: well, i've got to say good-bye. the computer's going to cut me off. ma vin kalb and cal thomas, thank you both.
>> well, you are setting up the bush administration's case for war in iraq. and the united states went to war in iraq. congress supported the president's policy on going to war, and the media supported it what this all adds up to, however, since it didn't work out that way, was that somebody got it drastically wrong. american intelligence got it wrong, the brits got it wrong, the israelis got it wrong, everybody did which means somebody in our society -- and it ends up being the media --...
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the bush family we mentioned. also a top united nations official. are there going to be more people we're going to be hearing from? are we going to start to see more information come from hillary clinton's e-mail? >>steve: it would be great if the obama administration simply released the information and told us what was actually happening. that would be great. but so far they have not been very forthcoming. and with a compliant mainstream media, people aren't asking a lot of questions. while the smoking gun is actually reporting the story about how blumenthal's e-mail account had been hacked and how the four e-mails that had been sent to hillary have now been distributed to members of congress and members of the media, they haven't revealed what's in the memo. >>brian: there is no information that's inside. you could say it would be great for the obama administration to come forward. but nobody thinks that personal interaction should be public. when you e-mail your personal friend and attorney, you don't want that to be published. >>steve: remember
the bush family we mentioned. also a top united nations official. are there going to be more people we're going to be hearing from? are we going to start to see more information come from hillary clinton's e-mail? >>steve: it would be great if the obama administration simply released the information and told us what was actually happening. that would be great. but so far they have not been very forthcoming. and with a compliant mainstream media, people aren't asking a lot of questions....
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bush. this was hosted by the washington institute. it is about 90 minutes. >> good afternoon. good afternoon and welcome to the washington institute. i'm rob satlof, the director of the institute. i'm happy to welcome all of you here today. just at the outset if i could please remind you, cell phones off please, not just on, on vibrate but off completely. this event is being live streamed for our thousands of fans around the world. this event is being broadcast by c-span. so everything you say can and will be used against you. so but bless do turn your cell phones off. we're fathered here today because president obama is off for the inaugural overseas visit of his second term and he is going to the middle east, going to israel, to the west bank and to jordan. his itinerary is very different than the itinerary of his middle east trip in the beginning of his first term. we'll hear more about that. and i think the mission of this trip is very different than the mission of that inaugural trip of his first term. we're going to hear about that. there's much to talk about because the
bush. this was hosted by the washington institute. it is about 90 minutes. >> good afternoon. good afternoon and welcome to the washington institute. i'm rob satlof, the director of the institute. i'm happy to welcome all of you here today. just at the outset if i could please remind you, cell phones off please, not just on, on vibrate but off completely. this event is being live streamed for our thousands of fans around the world. this event is being broadcast by c-span. so everything...
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bush administration was widely recognized as a china specialist. he was kind of the go-to person. there isn't a go-to person in this administration so it become as little more confusing. but the cyber issue is exactly the right issue to be teed up. there are two i think ought to be headline issues. one is cyber, to the extent it robs us of our intellectual property and therefore job creation and gdp growth potential but the second issue, and i would be surprised if this wasn't covered in the meeting, is the fundamental need for state-owned enterprise reform within china. the state-owned enterprises have been available to write their own rules for the last ten years under the last administration, and hu jintao and and gotten a way with a lot of bad behavior for a lot of markets to function properly and for americans to have anything resembling a level playing field. those are the two issues. the question becomes you fls, now that you teed i had up, what will the follow-up be and what coalitions will you have to make it happen? adam: first, will the chinese respond to the administra
bush administration was widely recognized as a china specialist. he was kind of the go-to person. there isn't a go-to person in this administration so it become as little more confusing. but the cyber issue is exactly the right issue to be teed up. there are two i think ought to be headline issues. one is cyber, to the extent it robs us of our intellectual property and therefore job creation and gdp growth potential but the second issue, and i would be surprised if this wasn't covered in the...
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it has a forward by former first lady, laura bush. >> we must talk a little about st. petersburg and her incredible journey back to meet her husband. can you tell was important about that story? >> in st. petersburg, and the years were cold, it areas it is is forbidding. there are not a lot of other women there. most of the diplomatic biased to not travel with her husband when they get sent there. , louisa baby girl catherine adams, and the child dies after about a year. that really devastates her mother. it is very painful. john quincy is also very much torn apart by the death. the war of 1812 has broken out here. he is sent to negotiated treaty and leaves louisa with her youngest son, charles francis, in st. petersburg. he iseace is resolved and sure he will be returning home or sent to london, he asks her to join him. journeys this arduous from st. petersburg in the whoer to paris with a son is only seven of the time. and a couple of servings that she only met that day. she does not know she can trust them. , shee is crossing europe encounters dangerous travel condi
it has a forward by former first lady, laura bush. >> we must talk a little about st. petersburg and her incredible journey back to meet her husband. can you tell was important about that story? >> in st. petersburg, and the years were cold, it areas it is is forbidding. there are not a lot of other women there. most of the diplomatic biased to not travel with her husband when they get sent there. , louisa baby girl catherine adams, and the child dies after about a year. that really...
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gone on to be some of the most significant republican presidents in the last century -- nixon, reagan, bush. is the party doing enough to support the rising star governors once they get past the endorsement process? >> that is the plan for 2013 and 2014. i know our state parties do a lot of work. the rga does. we have a different party, too. 15 or 20 years ago or maybe more there wasn't an nrcc. there wasn't 10, 20 different 527's.r pacs and we have a big group of organizations involved in anding republicans conservatives elected. my job is to put together not only the best infrastructure and data and mechanics but we have our primary system that needs to be looked at and i think overall messaging. for the most are there are lots of players out there that are doing a lot of this work. the rnc has to play a role. promoting governors. they're the innovators. they are balancing budgets. getting things done. they are leading the way. and we are going to be involved. but there is a lot of different groups that are involved in this same activity. >> how will you keep democrats from picking their
gone on to be some of the most significant republican presidents in the last century -- nixon, reagan, bush. is the party doing enough to support the rising star governors once they get past the endorsement process? >> that is the plan for 2013 and 2014. i know our state parties do a lot of work. the rga does. we have a different party, too. 15 or 20 years ago or maybe more there wasn't an nrcc. there wasn't 10, 20 different 527's.r pacs and we have a big group of organizations involved...
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bush. good morning to you. who wants to be peter cottontail here? brad, do you want to raise for your hand for that or is that better suted for bob? >> i will raise my hand. bill: what kind of a mess have they gotten themselves into? >> the president to say a event funded by almost entirely by corporate donation has to be canceled. don't forget, they went to every member of congress not only to themselves or families this is shot over the bow of congress if it is canceled it is your fault. the fact. matter this event is mostly underwritten by volunteers who donate their time and money. there is very little cost to the government. this is tradition that goes back decades upon decades. it is punishment to the people who line up to come to their kids to an event become part of this --. bill: but for now it is on schedule so members of congress can come in and members of the public can not so tours have been canceled. >> that's right. bill: bob, how do you see it? >> i want to thank you for inviting me to talk about the uplifting story. bill: you're wel
bush. good morning to you. who wants to be peter cottontail here? brad, do you want to raise for your hand for that or is that better suted for bob? >> i will raise my hand. bill: what kind of a mess have they gotten themselves into? >> the president to say a event funded by almost entirely by corporate donation has to be canceled. don't forget, they went to every member of congress not only to themselves or families this is shot over the bow of congress if it is canceled it is your...
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Mar 19, 2013
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the managing director with web bush securities. steve, i'll start with you. how do you read the market's reaction to the cyprus move in the news today? >> i think cyprus is a one-op deal. very different than the other european countries. the banking industry is such a big percentage of what goes on there. i think people were initially scared by the quote/unquote deposit tax. now the feeling is it's a unique solution. it's one we won't see in italy, spain or portugal. so i think the market said, well, it's okay. we can live with this. we don't think it will get repeated. certainly in the united states. the european indices have had more of a decline than we have. but we're sort o o whistling pat this graveyard, so to speak. >> mark, i think you fall in the same camp as steve, in that you think cyprus is small. c contagion is not such a big problem. financial is a sector that really has traded of late along with european woes. >> yeah. first of all, we would agree with that and we would agree with steve. i'm surprised the markets didn't sell off more on it yest
the managing director with web bush securities. steve, i'll start with you. how do you read the market's reaction to the cyprus move in the news today? >> i think cyprus is a one-op deal. very different than the other european countries. the banking industry is such a big percentage of what goes on there. i think people were initially scared by the quote/unquote deposit tax. now the feeling is it's a unique solution. it's one we won't see in italy, spain or portugal. so i think the market...